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Active

103 Railroad Ave, Salisbury MA 01952

$599,000

Estimated $1,400.53/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $199,666.67

Total Rent: 0/year

Estimated CAP Rate: -0.86%

8 Bedrooms

4 Full Baths

2,323 SqFt

Total Parking: 2

4,051 SqFt

ATTENTION DEVELOPERS / BUILDERS / INVESTORS. Prime opportunity to build your choice of an amazing single family, duplex or three new condominiums. Raze existing legal three family (currently with fourth in-law unit) structure and construct new units. Very nice rectangular flat lot a short distance south of the center. New construction could have incredible 360 views. Salisbury Big Block / One Oceanfront is in its final stages of approval and will forever change the center bringing yet more higher end, upscale residential units to the center. This is one of the last remaining legal three unit lots. Short distance to Public Access 3, a pretty section situated between the State Beach Reservation and the center. Seller intended to redevelop the lot but may be leaving this area and offering this great opportunity. Seller may consider a partnership or creative buyer financing or to retain a unit.

This home has been viewed 42 times

Last Checked: September 5th, 2025 at 1:53am (Source: MLS PIN #73396693)

Gross Income: $0

Gross Expenses: $5,151

Net Income Calc: $5,151

CAP Rate: -0.86%

Water Views

Annual Expenses for 103 Railroad Ave, Salisbury MA 01952

Total Gross Expenses (Calculated)$5,151/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,151

Annual Income & Unit Breakdown for 103 Railroad Ave, Salisbury MA 01952

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 103 Railroad Ave, Salisbury MA 01952

Listing ID73396693

Property TypeMulti Family / 3 Family

Price$599,000 ($257.86/SqFt)

Style3 Family

CitySalisbury

CountyEssex

MLS AreaSalisbury Beach

Neighborhood(s)Ipswich

Approximate Living Area Total2,323 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking2

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor SpaceCovered, Porch

ZoningR3

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Walk To, Beach Ownership(public), 0 To 1/10 Mile To Beach

Energy FeaturesInsulated Windows

Terms

Disclosures for 103 Railroad Ave, Salisbury MA 01952

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 103 Railroad Ave, Salisbury MA 01952

Real Estate Taxes$5,151

Tax Year2025

Assessed Value$511,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.86%

Location Information for 103 Railroad Ave, Salisbury MA 01952

Elementary School

Middle School

High SchoolTriton

Neighborhood(s)Ipswich

MLS AreaSalisbury Beach

Area Amenities

Contact Information for 103 Railroad Ave, Salisbury MA 01952

Agent

Name: Jack Mahoney

Office

Name: RE/MAX Bentley's

Phone: 978-572-1200

Payment Calculator

, Interest

Property Taxes 429.25

Principal & Interest 3690.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Bentley's

Jack Mahoney

Agent Phone

Office Phone

(978) 572-1200

Text Agent Call Agent Call Office

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    [description] => ATTENTION DEVELOPERS / BUILDERS / INVESTORS.  Prime opportunity to build your choice of an amazing single family, duplex or three new condominiums. Raze existing legal three family (currently with fourth in-law unit) structure and construct new units.  Very nice rectangular flat lot a short distance south of the center.  New construction could have incredible 360 views.  Salisbury Big Block / One Oceanfront is in its final stages of approval and will forever change the center bringing yet more higher end, upscale residential units to the center.  This is one of the last remaining legal three unit lots.  Short distance to Public Access 3, a pretty section situated between the State Beach Reservation and the center. Seller intended to redevelop the lot but may be leaving this area and offering this great opportunity.  Seller may consider a partnership or creative buyer financing or to retain a unit.
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[water_views_features] => Array
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    [waterfront_features] => Array
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    [zip] => 01952
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EXIT

Active

103 Railroad Ave, Salisbury MA 01952

$599,000

Annual Expenses for 103 Railroad Ave, Salisbury MA 01952

Annual Income & Unit Breakdown for 103 Railroad Ave, Salisbury MA 01952

General Information for 103 Railroad Ave, Salisbury MA 01952

Disclosures for 103 Railroad Ave, Salisbury MA 01952

Financial Information for 103 Railroad Ave, Salisbury MA 01952

Location Information for 103 Railroad Ave, Salisbury MA 01952

Contact Information for 103 Railroad Ave, Salisbury MA 01952

Agent

Office

Payment Calculator

Exclusive Listing Agent

RE/MAX Bentley's

Jack Mahoney